Egypt: Nuts Market 2022

Nuts Market Size in Egypt

The Egyptian nuts market amounted to $X in 2021, remaining constant against the previous year. Overall, consumption recorded a strong expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Nuts Production in Egypt

In value terms, nuts production totaled $X in 2021 estimated in export price. Over the period under review, production saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Nuts Exports

Exports from Egypt

In 2021, exports of nuts (prepared or preserved) from Egypt expanded notably to X tons, increasing by X% on 2020 figures. Over the period under review, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, nuts exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main destinations of nuts exports from Egypt, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nuts exported from Egypt were the UK ($X), the Netherlands ($X) and Switzerland ($X), with a combined X% share of total exports.

The UK, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average nuts export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Egypt

In 2021, supplies from abroad of nuts (prepared or preserved) decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, nuts imports contracted to $X in 2021. Over the period under review, imports showed a slight decrease. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of nuts imports to Egypt, with a combined X% share of total imports. These countries were followed by Jordan and Bulgaria, which together accounted for a further X 2012 to 2021, the biggest increases were in Jordan (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nuts suppliers to Egypt were Turkey ($X), Spain ($X) and Italy ($X), together comprising X% of total imports. Jordan and Bulgaria lagged somewhat behind, together comprising a further X the main suppliers, Jordan, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nuts import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nuts import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Jordan ($X per ton) and Bulgaria ($X per ton), while the price for Italy ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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